S upporting aging parents can be a significant financial commitment. On average, an adult in the U.S. may spend thousands annually on their parents' care, including housing, medic ...

The Child and Dependent Care Credit offers a valuable opportunity to reduce your federal income tax if you incur expenses for the care of a qualifying individual.

CNBC Select explains how to file your taxes safely and accurately to avoid mistakes, penalties and scam artists.

If the costs of child care are getting you down, you've got more options than just the child tax credit to help you out.